The works council and IG Metall set conditions for reducing capacity at thyssenkrupp Steel Europe

Transparenz: Redaktionell erstellt und geprüft.
Veröffentlicht am

Thyssenkrupp's works council sets conditions for the reorganization of the steel division - shares rise above April 18, 2024. Get all the details here!

Betriebsrat von thyssenkrupp stellt Bedingungen für die Neuordnung der Stahl-Sparte - Aktie steigt über 18.04.2024. Erhalte alle Details hier!
Thyssenkrupp's works council sets conditions for the reorganization of the steel division - shares rise above April 18, 2024. Get all the details here!

The works council and IG Metall set conditions for reducing capacity at thyssenkrupp Steel Europe

The works council and IG Metall of thyssenkrupp Steel Europe (TKSE) have set conditions for negotiations on the planned reduction in capacity. In a leaflet addressed to employees, they demanded a guaranteed exclusion of redundancies for operational reasons as well as a location guarantee for all locations and confirmation of certain collective agreements. The general works council chairman of the thyssenkrupp steel division, Tekin Nasikkol, emphasized that the employer must accept these conditions before negotiations can begin.

The company announced that it would significantly reduce production capacity in Duisburg, which would result in job cuts. TKSE wants to avoid redundancies, but it is still unclear how many jobs will be affected and when the renovation will begin. The division of the thyssenkrupp Group employs around 27,000 people, including 13,000 in Duisburg, mainly in North Rhine-Westphalia. There is an employment guarantee until the end of March 2026.

The realignment of thyssenkrupp Steel is expected to include a reduction in production capacity in Duisburg to 9 million to 9.5 million tons per year from 11.5 million tons. A staff meeting of all TKSE locations in a Duisburg stadium is planned for April 30th, with the majority of employees expected to take part. The thyssenkrupp share was at 4.66 euros on Thursday, 1.08 percent above the previous day's close. Thyssenkrupp CEO Miguel López was invited to the meeting, but his participation was initially uncertain.